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Are the taxes for your car getting too expensive?

Recently, the Revenue Service (Ministerio de Hacienda) modified the formula used to calculate the tax value of vehicles in Costa Rica, which resulted in a general increase of the tax value for most vehicles, which

Recently, the Revenue Service (Ministerio de Hacienda) modified the formula used to calculate the tax value of vehicles in Costa Rica, which resulted in a general increase of the tax value for most vehicles, which means that this year people will have to pay more taxes for their vehicles. Click here to see how much you have to pay in Marchamo.

Well, if you are not happy about the increase, you can request the Ministerio de Hacienda to reassess the tax value of your vehicle. You will need to demonstrate that your vehicle is worth less than the assessed value.

These are the requirements:

  1. Cover Letter. The cover letter must indicate what you are asking for. The letter should provide a fax number and/or email to receive notices. Please find a sample letter here. To access the letter, click on the “Samples” and you will see the link of the letter to download it.
  2. Copy of the ID, either cédula, DIMEX or passport. The ID that you provide must match the ID as shown in the title of the vehicle.
  3. Copy of the title.
  4. Copy of the most recent marchamo. In this case, you must produce a copy of the marchamo for 2015.
  5. Quotes for similar vehicles. You can produce quotes from dealers which must indicate the value of a similar vehicle. You can also provide print outs of vehicles that you find online.

Once you have these documents, you can file the request at any local tax office. The documents will be sent to San Jose where the main tax office will review the application and will sent you notice with the outcome. Apparently, the tax office should take two weeks to review the request.

Good luck!

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rvalverde@outlierlegal.com

Attorney and Entrepreneur with more than 15 years experience in: immigration law in the US and Latin American countries including Argentina, Chile, Colombia, Brazil, Costa Rica and Panama. In addition, Rafael has extensive experience in Business Law, Estate Planning, and Real Estate. Lastly, Rafael has developed experience in people management, talent development and business development.

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